Archived posting to the Leica Users Group, 2002/08/01

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Subject: RE: [Leica] Selling to the US...
From: "Beddoe, Neil" <nbeddoe@lehman.com>
Date: Thu, 1 Aug 2002 08:25:16 +0100

I firmly believe it's true.  I've moved all my cash to a Baghdad bank just
to be sure.

- -----Original Message-----
From: B. D. Colen [mailto:bdcolen@earthlink.net]
Sent: 31 July 2002 22:09
To: leica-users@mejac.palo-alto.ca.us
Subject: RE: [Leica] Selling to the US...


As a flaming left wing commie you're making this up, right? George Bush
wouldn't let this happen. In fact, if he knew about it, he'd put Canada on
his Axle of Evil!;-)

B. D.
Flaming In The U.S.A.

- -----Original Message-----
From: owner-leica-users@mejac.palo-alto.ca.us
[mailto:owner-leica-users@mejac.palo-alto.ca.us]On Behalf Of Tim
Atherton
Sent: Wednesday, July 31, 2002 4:17 PM
To: leica-users@mejac.palo-alto.ca.us
Subject: [Leica] Selling to the US...


I often buy and sell photo stuff on Ebay and came across an interesting
situation yesterday.

I had sold a lens and got payment in $US in the form of a Bank cashiers
cheque.

I have always accepted payment in this form or a Bank Money order and
have ahd no problem paying them into my Canadian bank (same with
regular cheques from clients like the NY Times etc).

At most, the bank put a 3-5 day hold on the cheque, though as a valued
customer this was usually waived.

Yesterday I found there is a 14 day hold on all such transactions -
reason given - the uncertain and untrustworthy standing of US financial
instituions as a result of Enron, Worldcom, Johnson & Johnson, now AOL-
Time Warner etc.

Wow - never thought this stuff would impact my Ebay sales....

Tim

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